Chase Carey Renews With 21st Century Fox

Entertainment Company's President Agrees to a Two-Year Contract Extension

Chase Carey, the president and chief operating officer of 21st Century Fox Inc., on Monday agreed to a two-year employment contract extension, ensuring the media company will retain an experienced executive during a period of intense change in the entertainment industry.

Mr. Carey, 60 years old, has been the No. 2 executive at Rupert Murdoch's media company since 2009. His contract was set to expire June 30, and his employment...